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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
The Economic Man: A New Foundation for Economic Theory: Why Economics Must Explain the Making of the Economic Person

The Economic Man: A New Foundation for Economic Theory: Why Economics Must Explain the Making of the Economic Person

Essia, Uwem

Paperback

Series: Tacit Intelligence

EconomicsGeneral EducationGeneral Sociology

ISBN13: 9798187765973
Publisher: Independently Published
Published: Jul 17 2026
Pages: 144
Weight: 0.40
Height: 0.36 Width: 6.00 Depth: 9.00
Language: English
Economics begins with a rational person. Yet economics has rarely asked how that person is formed.
For more than two centuries, economists have refined increasingly powerful theories of markets, incentives, institutions, and decision-making. From Adam Smith and Alfred Marshall to Keynes, institutional economics, and behavioral economics, each generation has expanded the discipline by asking new questions about economic life.

The Economic Man argues that another frontier now awaits.

Every economic model begins with a chooser-a consumer, producer, entrepreneur, policymaker, or household. Yet economics seldom asks the question that comes before every economic decision:

How is the economic person formed?

Drawing on more than thirty years of teaching economics and decades of scholarly reflection, Professor Uwem Essia introduces Formative Economics-a proposed new branch of economics that investigates the formation of economic agency. In doing so, he presents what may be understood as the pre-micro foundations of economics: the human capacities that exist before markets, before exchange, and before rational choice itself.

This groundbreaking framework argues that judgment, trust, self-command, stewardship, cooperation, and long-term thinking are not merely psychological or moral concerns. They are foundational economic capacities that shape productivity, institutions, leadership, prosperity, and national development.

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